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20120926
20121004
Search Results 0 to 7 of about 8 (some duplicates have been removed)
in advertising revenue. this is due to the internet and sluggish u.s. economy. the firm has been taking various streamlining measures that include cutting 2,000,000 jo jo. 10% of the work force. despite actions, the company posted a loss in first time in four quarters. "the new york times" decided to appoint bbc general director as its new top executive. he is nonto have improved the web services of the bbc is is expected to bolster the newspaper company's online businesses. >>> british bankers association says it is willing to give up control over the libor bank rate. as it looks to prevent further rate rigging scandals. the association says libor is based on interest rates charged between banks in the london market. in june, major british bank, barclays was fined for manipulating libor through false reporting. a staement released tuesday indicating they would transfer libor related to a public body. by making the announcement, the association is seen as trying to ease criticism about the way the rate has been handled over a quarter century. and the british government plans to publish a final
? >> thank you very much. very good morning to you. really the u.s. economy in major focus and job creation in the u.s. economy is the number one focus coming up in a lot of the -- in the presidential debates kicking off today. so that's going to be a focus there. and of course, the big focus on the big jobs numbers coming up on friday. but let's have a look to see how the nikkei and topix are kicking off. both margins trading marginally in the positive. 8,774 for the nikkei, and 3730 for the topix, up just .5% in the first almost ten minutes of trading. the nikkei ended lower yesterday for the fourth day in a row due to uncertainties over the u.s. economy, and lot of questions about china as it remains on holiday for most of this week. we had the private sector employment numbers, adp numbers, out of the u.s. yesterday which was a positive. it did show an increase. and also we had the ism services or non-manufacturing figures as well which did show growth. but the focus really now is on what the fed will do following its move of qe3 or its next stage of quantitative easing depending on thi
a sluggish global economy. and there is concern more companies could follow suit. it wasn't all bad news on wall street. we actually got some pretty positive economic numbers. now, u.s. consumer confidence rose to its highest level in seven months in the month of september. we got housing data, housing prices rose at a faster than expected pace in the month of july. getting mixed signals about the stift u.s. and the global economy and will continue toe a major focus for investors worldwide. ate of the u.s. and l economy and will continue to be a major focus for investors worldwide. here in tokyo, investors will take a wait and see stance, moves driven by external fact to including europe's debt problems and overnight falls on wall street. now, spain is preparing a new round of austerity measures this week for the next fiscal budget. that is going to be a major focus. >> here in japan, we have the main opposition liberal democratic party's presidential election today. is that expected to effect the stock market? >> analysts are expecting it to be a factor for date because candidates have
their differences. lagarde touched on risks facing the global economy. she cited the european debt problems and drastic spending cuts said to take effect in the u.s. early next year. democratic and republican lawmakers could avoid that scenario if they reach an agreement in time. lagarde said the slowdown in china and other emerging economies will be high on the agenda at the meetings in tokyo. >>> coming up -- the land of hope. a japanese director tells a fictional story about the threat of nuclear power. >>> before that, car dealers in the u.s. just keep rolling. they're seeing more and more hybrids and compact cars leaving showrooms as gas prices rise. new car sales rose for a 16th straight month. research firm autodata says sales rose nearly 13% from a year ago to about 1.2 million units. some japanese automakers enjoyed big jumps. toyota's sales soared 41%. honda's rose more than 30%. nissan's sales fell by 1% after huge increase a year ago. >>> u.s. automakers saw more modest sales. chrysler rose more than 11%. general motors marked an increase of 1.5%, and ford sales dropped slightly
. >>> vietnam and other southeast asian economies are in line to benefit from the tensions. >> reporter: members of the commerce and industry have visited capital this week. the group is headed by the chairman. they have meetings with vietnam's minister of industry and trade and the representative of the chairman of commerce. the goal is to expand their business in the country. following the recent japan protest he's growing anxious about china. employees with their own business were to remain inside their hotel. >> translator: i cannot easily dispel my risks about operating in china. it made me think we should start considering moving our business somewhere else. >> reporter: vietnam has been trying to end foreign problems. the timing couldn't be better for vietnam. >> translator: the people have positive feelings about japan. they are facing problems but we don't have to worry. in that sense there's no mental stress. >> reporter: east asian countries look impressive. >>> spanish leaders are poised to make stringent cuts in their latest budget plans. they too are tighten their belts. ramin, you
political tensions between japan and china is affecting the economy. do you see that happening through the stock markets? >> indeed. investors will continue to keep a close eye on the political tensions between japan and china. we are, in fact hearing more news that the tension -- the rift is affecting japanese businesses and corporate activity. on wednesday, ana said that 40,000 seat reservations have been cancelled. we will keep an eye on china related issues. >>> turning to the currency market the yen gained ground against the dollar and the euro. the euro/yen around $99.99. euro/yen hit a two-week low of around 99.70 in european trading and that led to gns in the yen against the dollar, that pair pretty much remained in european trading and new york trading. back to you. >> catch you later. >>> japanese firms are asking mean mar to improve the business environment for foreign companies. it is attractive due to its rapid economic reforms. the chairman of the japan chamber of commence met with an official in the capital. he asked for swifter measures to ensure a stable supply of powe
Search Results 0 to 7 of about 8 (some duplicates have been removed)